Hays Insurance - July 2010
Hotspots
With a real drive towards gaining market share, companies have started recruiting within Sales & Service, Claims and Underwriting within the commercial sector, with a big recruiting emphasis from the SME market. Underwriters within the life insurance market are also needed.
The coming quarter
Activity increased in the insurance market in the last quarter of 2009, and should continue to increase this quarter.
Employer trends
Salaries have remained static. Consequently employers find that attracting candidates can be challenging; candidates are not motivated to move for the salary on offer.
This should change. With economic growth candidates will look for new opportunities and salaries to match.
Some overseas candidates continue to arrive in New Zealand from the UK and Australia. These candidates are suitable for several areas of the insurance market, although those employers recruiting brokers want candidates with established local knowledge and networks in order to add value immediately.
